Segall Bryant & Hamill LLC lowered its stake in Equity Commonwealth (NYSE:EQC - Free Report) by 33.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,526,058 shares of the real estate investment trust's stock after selling 1,266,108 shares during the period. Equity Commonwealth makes up about 0.7% of Segall Bryant & Hamill LLC's investment portfolio, making the stock its 20th largest holding. Segall Bryant & Hamill LLC owned approximately 2.35% of Equity Commonwealth worth $50,269,000 as of its most recent filing with the SEC.
A number of other hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Equity Commonwealth during the 2nd quarter worth approximately $27,000. Van ECK Associates Corp lifted its position in shares of Equity Commonwealth by 25.6% during the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 632 shares in the last quarter. CWM LLC raised its position in Equity Commonwealth by 29.3% in the third quarter. CWM LLC now owns 3,097 shares of the real estate investment trust's stock worth $62,000 after acquiring an additional 701 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Equity Commonwealth by 35.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust's stock valued at $83,000 after purchasing an additional 1,084 shares during the period. Finally, Blue Trust Inc. grew its stake in Equity Commonwealth by 459.8% during the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust's stock valued at $88,000 after acquiring an additional 3,738 shares in the last quarter. 96.00% of the stock is owned by institutional investors and hedge funds.
Equity Commonwealth Price Performance
Shares of NYSE:EQC traded up $0.02 on Wednesday, hitting $20.11. 771,792 shares of the company's stock were exchanged, compared to its average volume of 1,141,308. The business's 50 day simple moving average is $19.92 and its two-hundred day simple moving average is $19.73. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 51.54 and a beta of 0.27. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.
Read Our Latest Report on EQC
About Equity Commonwealth
(
Free Report)
Equity Commonwealth NYSE: EQC is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.
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